The Nigerian stock market rises 39.84%, ranking second in Africa for performance.
Nigeria's stock market saw a remarkable 39.84 percent year-to-date gain, in the first quarter of 2024, marking it as the second-best performing exchange in Africa. This surge was attributed to the economic reforms initiated by the Tinubu administration. Despite facing challenges such as insecurity and double-digit inflation, the Nigerian Stock Exchange All-Share Index (NGX ASI) soared, reaching 104,562.06 basis points by March 28, 2024, up from 74,773.77 at the beginning […]
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